site.btaAverage Interest Rate on House Purchase Loans Falls Further in March M/M

In March 2025, the average interest rate on house purchase loans dropped 0.01 percentage points compared to the previous month to 2.45%, the Bulgarian National Bank reported on Wednesday. The average interest rate in April 2024 was 2.5%.

The Annual Percentage Rate of Charge was 2.77% in April 2025, compared to 2.8% both in March 2025 and in April 2024.

The volume of new business on BGN loans for house purchase rose by 11.4% or BGN 101.1 million to BGN 988.9 million. The volume of renegotiated loans and loans for refinancing rose by 27.8% or BGN 46.3 million to BGN 212.9 million.

In April 2025 the average interest rate on BGN consumer loans decreased by 0.02 percentage points to 8.91%, while the Annual Percentage Rate of Charge on these loans retained its level of 9.3%.

In April 2025 the average interest rate on BGN deposits with agreed maturity rose by 0.04 percentage points to 0.97%, while that on EUR deposits with agreed maturity declined by 0.02 percentage points to 1.41%.